OverviewSuggest Edit

China Automotive Systems (Nasdaq: CAAS) is a supplier of power steering systems and components to China automotive industry, operating through 15 subsidiaries. It has more than 20 years experiences in power steering manufacturing. Its product offering encompasses a full range of auto parts incorporated into steering systems for both passenger automobiles and commercial vehicles. It currently offers four separate series, 300+ models of power steering including rack and pinion power steering, integral power steering, electronic power steering and manual steering, steering columns, steering oil pumps and steering hoses.

TypePublic
Founded2003
HQWuhan Shi, CN
Websitecaasauto.com

Latest Updates

Employees (est.) (Dec 2020)3,998(-2%)
Revenue (FY, 2019)$431.4 M(-13%)
Share Price (Jan 2021)$6.9 (+3%)
Cybersecurity ratingAMore

China Automotive Systems Office Locations

China Automotive Systems has offices in Wuhan Shi, New York and Hong Kong
Wuhan Shi, CN (HQ)
Guan Shan Lu
Hong Kong, HK
1 Garden Rd
New York, NY, US
26 Mercer St
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China Automotive Systems Financials and Metrics

China Automotive Systems Revenue

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China Automotive Systems's revenue was reported to be $431.43 m in FY, 2019
USD

Revenue (Q2, 2020)

83.2m

Gross profit (Q2, 2020)

7.8m

Gross profit margin (Q2, 2020), %

9.4%

Net income (Q2, 2020)

(4.2m)

EBIT (Q2, 2020)

(5.2m)

Market capitalization (11-Jan-2021)

212.9m

Closing stock price (11-Jan-2021)

6.9

Cash (30-Jun-2020)

80.4m

EV

190.7m
China Automotive Systems's current market capitalization is $212.9 m.
USDQ2, 2011

Financial Leverage

2.3 x
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China Automotive Systems Operating Metrics

China Automotive Systems's Enterprise Customers was reported to be 60 in Sep, 2017.
FY, 2014FY, 2015FY, 2016Sep, 2017

Enterprise Customers

60

Patents Issued

85 85 85

Products

300

Trademarks

2 2 2
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China Automotive Systems Revenue Breakdown

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China Automotive Systems revenue breakdown by business segment: 55.6% from Henglong, 14.2% from Jiulong, 6.5% from Shenyang, 10.6% from Hubei Henglong, 8.7% from Other Sectors and 4.4% from Other

China Automotive Systems Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

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China Automotive Systems Online and Social Media Presence

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China Automotive Systems News and Updates

China Automotive Systems Announces Hearing on February 5, 2021 on Proposal to Settle Stockholder Derivative Lawsuit

WUHAN, China, Dec. 7, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced that a settlement hearing will be held on February 5, 2021 at 11:00 a.m. EST at the Court...

China Automotive Systems Significantly Increased Sales to the Rising Chinese EV Market in 2020

- 120,000 steering units shipped for electric vehicle ("EV") models so far in 2020; may reach over 140,000 units by year end 2020 - - targets sales of over 200,000 steering units for Chinese EV vehicles in 2021 - WUHAN, China, Nov. 30, 2020 /PRNewswire/ -- China Automotive Systems, Inc....

China Automotive Systems Reports Unaudited 2020 Third Quarter Results

WUHAN, China, Nov. 12, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30,...

China Automotive Systems Reports 2020 Second Quarter Unaudited Financial Results

WUHAN, China, Aug. 14, 2020 /PRNewswire/ -- China Automotive Systems, Inc. ("CAAS" or the "Company") (NASDAQ: CAAS), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2020....

China Automotive Systems to Announce 2020 Second Quarter Financial Results on August 14, 2020

WUHAN, China, Aug. 6, 2020 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2020, on Friday, August 14,...

Thinking about buying stock in SINTX Technologies, China Automotive Systems, Athersys Inc, Theratechnologies, or Biocept Inc?

NEW YORK, June 22, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SINT, CAAS, ATHX, THTX, and BIOC. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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China Automotive Systems Frequently Asked Questions

  • When was China Automotive Systems founded?

    China Automotive Systems was founded in 2003.

  • How many employees does China Automotive Systems have?

    China Automotive Systems has 3,998 employees.

  • What is China Automotive Systems revenue?

    Latest China Automotive Systems annual revenue is $431.4 m.

  • What is China Automotive Systems revenue per employee?

    Latest China Automotive Systems revenue per employee is $107.9 k.

  • Who are China Automotive Systems competitors?

    Competitors of China Automotive Systems include Shenzhen Silver Basis Technology, Cedar Rapids Tire and Sogefi.

  • Where is China Automotive Systems headquarters?

    China Automotive Systems headquarters is located at Guan Shan Lu, Wuhan Shi.

  • Where are China Automotive Systems offices?

    China Automotive Systems has offices in Wuhan Shi, New York and Hong Kong.

  • How many offices does China Automotive Systems have?

    China Automotive Systems has 3 offices.